JOHN ZIGNEGO ESTATE

JOHN ZIGNEGO ESTATE LIVE REAL ESTATE AUCTION

HOUGHTON’S AUCTION SERVICE

LOCATION OF AUCTION, Goodhue Lions Building 105 Broadway St. Goodhue, MN

 THURSDAY, MARCH 19 2026

6:00 PM

  40 ACRES OF FARMLAND W/BUILDING ENTITLEMENT

LOCATED IN

SECTION 8, HAY CREEK TOWNSHIP, GOODHUE COUNTY

40 Acres, 35.7 tillable w/Building entitlement at this time, CPI is 60.7 & offers Trimnla – Mt Carroll soils

Address of land; xx Stumpf LN, Red Wing, MN. From Red Wing take Hwy 58 South, turn left (East) onto Goodhue Co. #5 go 1/2 miles, turn left onto Stumpf LN, Go 3/10th miles, land is on the left side of road.

Property ID# 340081100

Proposed 2026 Real Estate Taxes; $1,664.00 Ag Non Homestead

Possession, Land is rented for the 2026 & 2027crop year, buyer will receive 2026 & 2027 rent. Possession of land will be once the 2027 crop is removed, buyer to operate in 2028.

Agency; Houghton’s Auction Service and its agents represent the seller

Terms; The successful bidder will be required to present $20,000.00 down the day of the auction as nonrefundable earnest monies, which will be held in the trust account of Gorman & Lodermeier Law Firm.

Real Estate; Is being sold with a 2% Buyer’s Premium, which will be added to the final bid. The balance is due & payable in full to the seller on or before the day of closing April 1, 2026. At which time the buyer will receive a clear & marketable title.

All Real Estate is being sold AS-IS condition with no warranties or guarantees expressed or implied by the seller or any of their agents. Real Estate sells with absolutely NO Contingencies whatsoever. Sellers will not remove any residue or debris from the land and will become the responsibility of the new buyer. All Real Estate taxes due and payable in the year of 2026 will be prorated between buyer & seller. All bidders must have their financing in order prior to the auction date.

PROPERTY SOLD WITHOUT WARRANTY; Buyers to perform their own diligence prior to bidding. All dimensions & description are approximations only based upon the best information available & are subject to possible variation. Sketches may not be drawn to scale & phonographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the seller, broker or auctioneer, their employees or agents. the property will be sold AS-IS & without any warranties or representations, express or implied.

JOHN ZIGNEGO ESTATE

HOUGHTON’S AUCTION SERVICE

Todd Houghton 25-47 #181

651-764-4285